Shawn Chopra Acquires Single Family Home In Miami For $3.2M
SOLD
$3,200,000
Florida
See Similar DealsSingle Family Residence4,518 SF
Sold 05/24/2024
SOLD
Shawn Chopra Acquires Single Family Home In Miami For $3.2M
1100 Sw 22 Ter
See Similar DealsSingle Family Residence4,518 SF
Sold 05/24/2024
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$708
Total Square Footage:4,518 SF
Transaction Type:Sale
The single-family property located at 1100 Southwest 22nd Terrace in Miami was recently sold for $3,200,000. Spanning 4,518 square feet, the property was sold at a price per square foot of $708. The transaction took place on May 24, 2024, with William Alvarez & Ashley Alvarez from Sterling One Realty representing the seller, Mario Breton, in the deal.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,200,000
- SF: 4,518
- Price Per Square Foot: $708
- Address: 1100 Southwest 22nd Terrace, Miami
- Market: Miami
Shawn Chopra was the buyer in the transaction, acquiring the property from Mario Breton. William Alvarez & Ashley Alvarez, from Sterling One Realty, served as the seller's representatives in this real estate deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$170,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,368.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,169.63
Annual Debt Service$182,035.59
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